2023 UAH to ARS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 UAH to ARS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the UAH to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 21.5829. Conversely, the yearly low was recorded on January 1, dropping to 4.8087.
This high-to-low spread represents a total annual volatility of 16.7741 ARS. From a start-to-finish perspective, comparing the January average rate of 4.9521 to the December average rate of 16.9299, the exchange rate registered a net change of 241.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 21.5829 was up 349.07% compared to the 2022 peak of 4.8062, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
UAH to ARS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.7465, compared to 10.2821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5356 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was December, with a trading range of 11.6953 ARS (High: 21.5829 / Low: 9.8875). On the other end, September was the most stable month, with a tight range of 0.0633 ARS (High: 9.5205 / Low: 9.4572).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 16.9299) against the same month in 2022 (average: 4.6743), the exchange rate shifted by +12.2556 (+262.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.0893 | 4.8087 | 4.9521 |
| February | 5.3547 | 5.0465 | 5.2106 |
| March | 5.6826 | 5.3494 | 5.4972 |
| April | 6.0787 | 5.6826 | 5.8452 |
| May | 6.4878 | 6.0194 | 6.2539 |
| June | 6.9448 | 6.5036 | 6.7198 |
| July | 7.4494 | 6.9448 | 7.2114 |
| August | 9.4914 | 7.4754 | 8.7067 |
| September | 9.5205 | 9.4572 | 9.4774 |
| October | 9.6569 | 9.4965 | 9.5888 |
| November | 9.9394 | 9.6352 | 9.7782 |
| December | 21.5829 | 9.8875 | 16.9299 |